In Re Copper King Inn, Inc., Debtor. Trust Corporation of Montana v. Robert Patterson, John Noonan, James McDermand Donald Johnson, and Arthur West
Court of Appeals for the Ninth Circuit
1Opinion of the Court
TROTT, Circuit Judge:
We are asked to decide whether Trust Corporation of Montana (“Trust Corporation”) has a perfected security interest in furniture and equipment owned by Copper King Inn, Inc. (“Copper King”), a Montana corporation currently in Chapter 11 bankruptcy. We agree with the bankruptcy court that it does not.
Copper King owned and operated a hotel in Butte, Montana. In 1984 it began to have trouble paying its debts. John T. Noonan and Robert C. Patterson, who were officers, directors and shareholders of Copper King, came to the corporation’s rescue, extending loans of $62,500 each…
2Cases cited12 opinions
- In Re Philip Rubin, Debtor. Philip Rubin v. Hugh E. West Yasue WestCourt of Appeals for the Ninth Circuit · 1989
- Thomas v. GoughCourt of Appeals for the Ninth Circuit · 1972
- In Re Southland Supply, Inc., Bankrupt. Sam Jonas, Trustee of Southland Supply, Inc. v. United States Small Business AdministrationCourt of Appeals for the Ninth Circuit · 1981
- In Re Softalk Publishing Co., Inc., Debtor. The Webb Company, a Minnesota Corporation v. First City BankCourt of Appeals for the First Circuit · 1988
- In Re Fried Furniture Corp.District Court, E.D. New York · 1968
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- In Re Cannonsburg Environmental Associates, Ltd., Debtor. Tully Construction Company, Inc. v. Cannonsburg Environmental Associates, Ltd.Court of Appeals for the Sixth Circuit · 1996
- In Re: Southern California Plastics, Inc., Debtor. Lawrence A. Diamant, Chapter 7 Trustee v. Vartan KasparianCourt of Appeals for the Ninth Circuit · 1999
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